508 E Mohave Road, Tucson, AZ 85705
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
508 E Mohave Road,Tucson, AZ 85705
$650,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: carter marks
Office: orion investment real estate
MLS#:6785381
Source:ARMLS
Price summary
- Price:$650,000
About this home
508 E Mohave Road offers an excellent value-add opportunity for an investor looking for units in a thriving part of Tucson, just 7 minutes from the University of Arizona.
At just shy of $93,000/unit, a buyer can acquire the asset at a great cost-basis and capitalize on rental premiums by strategically repositioning the property through renovations and operational optimization.
Gross rents of $5,760/month. Property is 100% Occupied, do not disturb tenants! No interior tours until accepted contract.
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Home facts
- Year built:1958
- Listing ID #:6785381
- Updated:November 18, 2024 at 06:42 PM
Structure and exterior
- Year built:1958
- Construction Materials:Block, Frame - Wood, Painted, Stucco
Utilities
- Water:City Franchise, Individual Meter
Finances and disclosures
- Price:$650,000
- Tax amount:$2,142
Parking
- Total parking spaces:4
- Parking description:Attached, More Than 1 Parking Space/Unit, Street Parking
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